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Financial

B/E Aerospace record first quarter results

B/E Aerospace announced financial results for the first quarter of 2008. First quarter revenues of $473.2 million reflect 22.0% year-over-year organic growth, first quarter net earnings of $48.5 million increased by 51.1% compared to the first quarter of the prior year. First quarter net earnings per diluted share of $0.53 increased by 32.5%, despite the

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Republic Airways reports first quarter 2008 results

Republic Airways Holdings reported operating revenues of $363.9 million for the quarter ended March 31, 2008, a 25.3% increase, compared to $290.4 million for the same period last year. The Company reported net income of $20.2 million for the quarter ended March 31, 2008, compared to $19.3 million reported in the prior year

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US Airways reports first quarter net loss of $236 million

US Airways Group reported a net loss for its first quarter 2008 of $236 million compared to a net profit of $66 million for the same period last year. Excluding net special items of $3 million, the Company reported a net loss of $239 million for its first quarter 2008. This compares to a net

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Alaska Air reports first quarter 2008 results

Alaska Air Group reported a first quarter net loss of $35.9 million compared to a net loss of $10.3 million in the first quarter of 2007. Both periods include adjustments resulting from mark-to-market fuel hedge accounting. Excluding the impact of these adjustments, the company would have reported a net loss of $36.3 million compared to

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Goodrich announces 13% increase in sales and 59% increase in net income

Goodrich announced results for the first quarter, and increased its outlook for full year 2008 sales and earnings per diluted share. Goodrich reported first quarter 2008 net income of $158 million, on sales of $1,745 million, and income from continuing operations of $154 million. In the first quarter 2007, the company reported net income of

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Lufthansa increases operating result for first quarter 2008

In the first quarter 2008 Lufthansa Group generated revenue of EUR 5.6 billion (previous year: EUR 4.7billion) and increased its operating result by EUR 152 million to EUR 188 million. It reflects the positive development of earnings performance in all business segments and includes a contribution to operating result of EUR 52 million from SWISS,

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Delta Air Lines reports first quarter net loss of $274 million

Delta Air Lines reported results for the quarter ended March 31, 2008. Delta reported a net loss of $274 million in the first quarter of 2008 compared to a net loss of $6 million in the first quarter of 2007, excluding special and reorganization items. The $268 million year over year increase in net loss

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Boeing reports double-digit first-quarter earnings growth

The Boeing Company’s first-quarter 2008 earnings per share increased 43% as net income rose 38% to $1.2 billion and operating margin rose to 11.3%, driven by solid overall execution in both its commercial airplane and defense businesses as well as lower unallocated costs. Boeing’s quarterly revenue rose 4% to $16.0 billion while its operating cash

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Woodward reports second fiscal quarter and six months results

Net sales for the quarter were $305.8 million, up 19% from $256.3 million for the second quarter of the prior year. Net earnings for the quarter were $29.7 million compared with $20.3 million in the previous year’s second quarter. Net sales for the first half were $577.8 million, up 20% from $482.5 million for the

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